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Enhancing NDCs: Opportunities in the Power Sector
This guidance from the World Resources Institute outlines strategies for countries to enhance their 2020 Nationally Determined Contributions (NDCs) to decarbonize the power sector by 2050, emphasizing that increasing renewable energy targets alone is insufficient.
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Document type: Guide
Unloading Coal Exposure: Where Are We and What Can Chinese Banks Do?
This research paper outlines a three-step framework ("plan/review, decide, implement") to help banks, particularly those in China, reduce and eliminate their coal exposure. It emphasizes that unabated coal use for power must drop from 36% in 2022 to 3% by 2035 to meet the 1.5°C goal. The paper argues that a holistic approach covering the entire coal value chain and all financial instruments is necessary, suggesting that international collaboration and increased transparency will provide Chinese banks with a competitive advantage in the energy transition.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Research paper